Biden Gets BIG Donation From Financial Exec who ‘Screwed America’s Economy’

Marc Nozell via Flickr (CC BY 2.0)

Joe Biden has received a massive donation from the Goldman Sachs exec who allowed the financial giant to profit off of the 2008 financial crisis.

According to The Washington Free Beacon:

The former Goldman Sachs executive who devised the “Big Short” and told colleagues they would make “serious money” off the housing market collapse has poured $200,000 into Joe Biden’s victory fund, filings show.

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Donald Mullen Jr., a mastermind behind the scheme that allowed Goldman Sachs to profit during the financial crisis, pushed the six-figure donation into the Biden Victory Fund this past quarter. Mullen has given generously to a number of other liberal committees and politicians this cycle, including the Democratic National Committee, Democratic Congressional Campaign Committee, and Senate candidates Mark Kelly and Theresa Greenfield, among many others.

Mullen’s donation to Biden’s joint fundraising committee came as the presidential contender saw a windfall from Wall Street executives in the third quarter. Biden has so far outpaced President Donald Trump in donations from the financial sector by nearly $40 million. But perhaps none of the donations could draw as much ire as Mullen’s, who has become known as the man who “screwed America’s economy.”

As head of Goldman Sachs’s mortgage and credit business, Mullen was a leading player in the subprime mortgage trade that helped the financial giant profit off the housing market collapse. Mullen and other executives at Goldman bet big that the housing bubble would burst, even as they urged customers to invest in the market. The bet became known as the “Big Short” and was credited to Mullen, who told colleagues in a 2007 email that they “will make some serious money.”

Sachs was fined $5 billion for its role but Mulle was never accused of wrongdoing.

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Huapakechi
Huapakechi
3 years ago

They (goldman sachs) helped create the conditions for the economic collapse and profited from it. Now the planner of this fiasco supports a politician who was probably instrumental in bringing the disaster into being.
Who most needs to meet the executioner?

D MacKAY
D MacKAY
3 years ago

Obam blocked the prosecution of any person found matrially responsible for the mortgage Crises.

Micala
Micala
3 years ago
Reply to  D MacKAY

Obama was just another slithering snake too, but he was just a puppet and his puppet master, George Soros, really called the shots. Obama was not smart enough to do the things he did. Believe me, he had BIG TIME HELP!

But all of those guys were snakes, slithering around doing their dirt. Obama just had a head snake telling him what to do. And if Biden is elected (not happening, too much corruption stink all over him), there will be a puppet master behind him calling the shots too. Biden can’t complete a sentence without getting lost in his thoughts…hardly primo Presidential material and the General American public ALL KNOW THIS. Dems are going down…

Paul Alexander
Paul Alexander
3 years ago

We the markets raging upwards even during this time of numerous questions, one must wonder why this finagler would throw money after Biden and his socialist backers? Very strange!

gene smith
gene smith
3 years ago

So very sad that our Country’s Democrats can only produce scum like Biden for the office of President.
Money should and easily could be removed from the political process. We should get back to a Citizen run Government…it could work and would make a huge difference. We The People deserve better than the likes of Biden and many many others.

Gerry
Gerry
3 years ago
Reply to  gene smith

demoRATS are all scum and remember the citizens put these scum in office repeatedly — what’s that tell you about some of our so-called citizens ?????

Mandy Martin
Mandy Martin
3 years ago
Reply to  Gerry

And, our public schools, for many years.

Don Cook
Don Cook
3 years ago

Very fitting. Crooks giving to crooks….

PHILBROOK COLLINS
PHILBROOK COLLINS
3 years ago

Why is it that deceptive practices seem to be associated with democrats?
DUH ! Democrat party is a CRIMINAL ORGANIZATION !!!

Becky
Becky
3 years ago

We will know this country has returned to it’s Founding, and sanity, when thugs like this are fined equally.

Randy
Randy
3 years ago

No one in the financial markets sector was held responsible for the market collapse and now, today, those “too-big-to-fail” companies are even bigger. WHERE IS THE DOJ; why not use the Sherman anti-trust act to break them up? Why was there no justice???

Donald Pugh Sr
Donald Pugh Sr
3 years ago

All of Biden’s money and other support is comiong from people that have sold out America!

Aaron
Aaron
3 years ago
Reply to  Donald Pugh Sr

Pathetic isn’t it. Gallavanting around enriching himself and his family on corrupt foreign revenue all the while blaming President Trump for crimes that he, Hillary and other democrats are guilty of. It’s disgusting!

Mandy Martin
Mandy Martin
3 years ago
Reply to  Donald Pugh Sr

AND bought out America!!!

Micala
Micala
3 years ago

Goldman Sachs has lost their reputation for bringhonest and above board, so chuming up to Biddybiden the Corruption Master is not unusual.

As far as I’m concerned, any Democrat whether they are employed at Goldman Sachs or running for President on the most CORRUPTIVE TICKET IN OUR US HISTORY, is totally a liar, a cheat, and CAN NEVER BE TRUSTED!

So are you really surprised that the Goldman Sachs snake is best buds with the Biden snake? Seems corruption runs in their families and they all stink of it.

BET THE AMERICAN PEOPLE ARE SMARTER THAN THE BIDEN/SACHS SNAKES AND RE-ELECT OUR PRESIDENT TRUMP! Yes, MORAL AMERICANS WANT AN HONEST MAN IN OUR PRESIDENCY, NOT A SLITHERING SNAKE LIKE BIDEN!

Gerry
Gerry
3 years ago

From one low life sewer dwelling bottom feeding scumbag to another !!!! Criminals stick together.

Donald Pugh Sr
Donald Pugh Sr
3 years ago

Damnocrats, politicians and their supporters are ALL about screwing America! The only differences is in degrees.

ABUTOM
ABUTOM
3 years ago

GOLDMAN SUX

SC Gal
SC Gal
3 years ago

I lost my job and my home. These people just gobbled up money. Hope they are first in line for the new, untested flu shot.

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